Background to the Formation of Vixcroft

Vixcroft is a management buyout of the development, finance and asset management team of the long-established and nationally-known Arrowcroft Group, where the current team worked together for several decades. 

The management buyout was precipitated by the death of Leonard Eppel CBE FRICS, who formed Arrowcroft in 1969 and was led by Daniel Carter FRICS and Alan Jones FCCA, who had been Main Board Directors of Arrowcroft for 26 and 27 years respectively.  

Ian Coleman, formerly a senior partner at PwC and Global Leader of the firm's Valuation and Strategy practice, joined the team as Chairman, bringing with him considerable knowledge of financial restructuring.  

The name "Vixcroft" comes from a combination of our holding company, Vixbona Ltd, (which boradly translates from Latin as 'difficulty with property' and Arrowcroft, where the team had worked together for many years.

Vixcroft’s capability is a continuation of the Arrowcroft PropCo model, but supplemented by institutional funding that the company is contributing into the acquisition and restructuring of real estate assets and corporate vehicles that hold real estate, where it can see potential to create added value.  Vixcroft is particularly capable (but not limited) of managing real estate assets and portfolios that demand strong asset management and development capability.  We have undertaken projects in most sectors including master planning and master development of significant landholdings.  Our current focus is principally on complex town centre mixed use projects.    

Vixcroft commenced operations in March 2014 and completed its first deal, the purchase of The Octagon Shopping Centre in Burton-upon-Trent, in late May 2014.  It subsequently bought The Richmond Shopping Centre in Londonderry in December 2014; The Sovereign Centre in Weston-super-Mare in January 2015 and The Nicholsons Centre in Maidenhead in March 2015.